Ukraine accepts DOT, founder Gavin Wood donates $5.8 million

Calls from the crypto assemblage for Ukraine to judge different cryptocurrencies person been answered. The authoritative Ukraine Twitter relationship shared that it volition present judge donations from Polkadot (DOT), portion different cryptocurrencies volition soon beryllium added. 

The radical of Ukraine are grateful for the enactment and donations from the planetary crypto assemblage arsenic we support our freedom. We are present accepting Polkadot donations too: $DOT: 1x8aa2N2Ar9SQweJv9vsuZn3WYDHu7gMQu1RePjZuBe33Hv.
More cryptocurrencies to beryllium accepted soon.

Gavin Wood, the co-founder of Polkadot had antecedently shared that if the Ukraine wallets were to adhd DOT, helium would personally lend $5 million. He made existent connected his committedness donating 298,367.2269896686 DOT, astir $5.7 cardinal to Ukrainian wallets.

https://t.co/bFyYkKDseL

Total crypto donations for Ukrainian charities, the military, and the authorities person received over $37 cardinal by Cointelegraph estimates. Wood’s azygous donation comprises over 10% of the full crypto donations.

Indeed, Wood’s donation is 1 of the largest idiosyncratic crypto donations to date. Sam Bankman-Fried’s platform, FTX, donated $25 to each Ukrainian connected his speech platform, portion CEO Deepak Thapliyal of Chain.com donated 100 ether (ETH), oregon implicit $280,000 USD.

Besides Wood, the Polkadot ecosystem had already contributed implicit $210,000 to the authoritative DOT wallet for Ukraine since this morning, according to Polkadot blockchain data.

For cryptocurrencies not accepted by Ukraine, Coingate, a Lithuanian-based fintech offers a workaround. As a outgo gateway for cryptocurrencies, Coingate allows holders of different cryptos to donate to Ukraine.  Coingate manages the crypto payments for a list of over 70 cryptocurrencies, yet crediting the Ukraine slope relationship with Euros.

The coingate cryptocurrency donation portal. Source: Coingate

Related: Crypto exchanges see Ukraine’s telephone to frost Russians’ Bitcoin

To date, the crypto assemblage has been quick to travel to the assistance of Ukraine’s plight, with donations and words of encouragement. Twitter observers noted that Ukraine's innovative crypto enactment was an effort astatine “making history.”